Sunday 13 July 2014
 
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Al Baraka

Al Baraka launches key Harley-Davidson promotion

Al Baraka Islamic Bank has launched a new promotional campaign in collaboration with Harley-Davidson Motorcycle Bahrain which will run until Eid Al Fitr. Competitive financing profit, free insurance and registration for 2014 model

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Al Baraka plans sukuk in S Africa, Pakistan

Bahrain-based Al Baraka Banking Group said it is considering issuing subordinated Islamic bonds through its South African and Pakistani units to boost their regulatory capital. The Islamic bank's plans come at a time when sove

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Al Baraka Tunis income up 25pc

Al Baraka Bank Tunis, a subsidiary banking unit of Al Baraka Banking Group (ABG), said its net income for last year increased by 25 per cent to $6.5 million. Total income stood at $30 million, increasing by 8 per cent compared wit

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Jordan Islamic Bank posts $14.7m profit

Jordan Islamic Bank (JIB), a subsidiary of Bahrain-based Al Baraka Banking Group, posted a net profit of $14.71 million for the first quarter as against $14.68 million during the same period last year. Al Baraka Banking Group pres

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Al Baraka to distribute $36.69m cash dividend

Al Baraka Banking Group will today start distributing $36.69 million cash dividend for 2013 to its shareholders. Shareholders entitled according to the register are as of the Annual General Meeting dated March 23. The dividend pay

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Batelco to provide ICT solutions to Al Baraka HQ

Batelco, the leading telecom company in Bahrain, has signed an agreement with Al Baraka Banking Group (ABG), to provide ICT Infrastructure and system works for Al Baraka’s ABG Towers Project, the Group’s new headquarters at Bahrain B

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Al Baraka approves $82m cash dividends

Al Baraka Banking Group (ABG) shareholders have approved cash dividend payout and bonus share issue amounting to $82.3 million besides the bank's move to raise its capital to $1.09 billion. This came about during the Bahrain-b

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Al Baraka to distribute $82m dividends

Al Baraka Banking Group yesterday announced its board has recommended the distribution of $82.2 million dividend to shareholders. The recommendation is subject to approval of shareholders at the Annual General Meeting (AGM) on Sun

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Al Baraka Q4 net profit climbs 23pc

Bahrain's Al Baraka Banking Group reported a 23 per cent increase in fourth-quarter net profit on Sunday (February 23). The Islamic lender recorded a net attributable profit of $32 million in the three months to December 31, c

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Business recovering across region: Al Baraka

Bahrain-based Islamic lender Al Baraka expects at least 15 percent growth in net profit this year as its business recovers across a region hit by the Arab Spring unrest, its chief executive said. The growth will also be fuelled by

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